Anyone scalping the FTSE Futures??

[hereward the wake]

HTW,

Have a look @ charts, they are all coming to 5490-5500, I will also post a chart in the night which accuratly projects figures.

Thanks JT very interesting

 

[hereward the wake]

I'm liking JT's dax 9250

 

[Jessi_trader]

Jessi that post was from 11 Nov and it was about the DOW.
http://www.trade2win.com/boards/indices/120172-anyone-scalping-ftse-futures-3864.html#post2220264
Originally Posted by postman View Post
I'm long DOW cash 15775 stop 15755
55 points of upside vs 20 points (or less if I get there first) of downside.

And why did you go long FTSE so many times if you were sure it was going down?

Thats true, you posted about DOW, but I posted my view on FTSE.

I went long because I got confusing signals and thought correction is over, and forgot about my basics. Thats why I got slaped.

I saw ftse marking continuation triangle, Dow, Dax was making all time high.

Thats why technical traders should not use their brain, follow the chart.

JT

 

[postman]

FTSE has taken a bit of a beating recently - its not over yet...

 

[Jessi_trader]

If you want Juicy Steak, you need to make a stand, you need to have a view and build your position in consolidation area rather then when market is moving sharply.

For example look in today and look the chart attached,

You get 100 point strata way. When that happens you don't get entry point.

Thats what happened today. AND thats what I was preparing for.

I was wrong, but thats what happens in trading, you can not be always right.

Instead of Green juicy steak, market gave Red juicy steak

 

[postman]

... thats what happens in trading, you can not be always right...

Too true.

I've been on the wrong end of a move often enough.
Keep your losses small, your wins big and your chin up.

 

[postman]

9293 Next support - hope this holds better than the last one.

I'm long Dax at 9302.

9290 Low (So far).

Dax down 110 points :-0

 

[postman]

Long Dow 948.

 

[Jessi_trader]

My hypothetical time line for future FTSE move :
-----------------------------------------------------------
Week ending 13th Dec - FTSE correction done, start moving UP.

13 Dec - 15 Jan - FTSE 7000 (may be above that)

By mid 2014 - Market crash, bubble all around.

Bears comes in and rule the market

:smart:

 

[postman]

My hypothetical time line for future FTSE move :
-----------------------------------------------------------
Week ending 13th Dec - FTSE correction done, start moving UP.
13 Dec - 15 Jan - FTSE 7000 (may be above that)
By mid 2014 - Market crash, bubble all around.
Bears comes in and rule the market
:smart:

Nice one.

I'm taking it one day at a time, it suits my type of trading better.

 

[postman]

I'm long Dax at 9302.

9360 limit.

 

[postman]

Anyone else short or long ?

 

[hereward the wake]

Anyone else short or long ?

going long dax if candle holds 30min so 1pm ( IG 62% short)

 

[Jessi_trader]

Anyone else short or long ?

I am in self imposed prison today

 

[SuddenDeath]

prior to the ftse dropping 100pts or so were the IG clients long?

 

[hereward the wake]

going long dax if candle holds 30min so 1pm ( IG 62% short)

long 9305

 

[hereward the wake]

prior to the ftse dropping 100pts or so were the IG clients long?

No way to tell SD. They publish daily and there is no back info. Will take a snip every day and build up a history, will be useful!

 

[hereward the wake]

Nice fib projection

 

[postman]

prior to the ftse dropping 100pts or so were the IG clients long?

No way to tell SD. They publish daily and there is no back info. Will take a snip every day and build up a history, will be useful!

Anyone can look at their web site stats.
73% of ig clients were long this morning. :whistling
Currently showing 72%
http://www.ig.com/uk/ig-indices/ftse-100

 

[postman]

Anyone can look at their web site stats.
73% of ig clients were long this morning. :whistling
Currently showing 72%
http://www.ig.com/uk/ig-indices/ftse-100

73% of ig clients were long this morning. ...
Currently showing 72%

Jessi - do you use IG ? :innocent: